Employees Retirement System of Texas decreased its holdings in Univar Inc (NYSE:UNVR) by 53.4% in the 2nd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 41,000 shares of the basic materials company’s stock after selling 47,000 shares during the quarter. Employees Retirement System of Texas’ holdings in Univar were worth $1,076,000 as of its most recent filing with the SEC.

A number of other large investors have also added to or reduced their stakes in UNVR. NumerixS Investment Technologies Inc increased its position in shares of Univar by 148.6% in the second quarter. NumerixS Investment Technologies Inc now owns 8,700 shares of the basic materials company’s stock valued at $225,000 after buying an additional 5,200 shares in the last quarter. Dimensional Fund Advisors LP increased its position in shares of Univar by 36.5% in the second quarter. Dimensional Fund Advisors LP now owns 1,145,190 shares of the basic materials company’s stock valued at $30,048,000 after buying an additional 305,985 shares in the last quarter. Chicago Equity Partners LLC purchased a new position in shares of Univar in the second quarter valued at $201,000. BlackRock Inc. increased its position in shares of Univar by 11.8% in the second quarter. BlackRock Inc. now owns 4,942,775 shares of the basic materials company’s stock valued at $129,698,000 after buying an additional 521,840 shares in the last quarter. Finally, Sun Life Financial INC purchased a new position in shares of Univar in the second quarter valued at $343,000. Hedge funds and other institutional investors own 91.49% of the company’s stock.

UNVR has been the subject of a number of research analyst reports. Zacks Investment Research upgraded Univar from a “hold” rating to a “buy” rating and set a $30.00 price target for the company in a research report on Saturday, May 12th. Berenberg Bank upgraded Univar from a “hold” rating to a “buy” rating and set a $24.00 price target for the company in a research report on Tuesday. Goldman Sachs Group upgraded Univar from a “buy” rating to a “conviction-buy” rating in a research report on Thursday, August 2nd. Barclays dropped their price target on Univar from $32.00 to $30.00 and set an “equal weight” rating for the company in a research report on Monday, August 6th. Finally, ValuEngine upgraded Univar from a “strong sell” rating to a “sell” rating in a research report on Wednesday, August 8th. Two analysts have rated the stock with a sell rating, four have assigned a hold rating, three have assigned a buy rating and one has assigned a strong buy rating to the company. Univar has a consensus rating of “Hold” and an average target price of $31.60.

Univar stock opened at $27.54 on Friday. The stock has a market cap of $3.95 billion, a P/E ratio of 17.58, a P/E/G ratio of 1.68 and a beta of 1.19. Univar Inc has a 52 week low of $25.54 and a 52 week high of $31.95. The company has a debt-to-equity ratio of 2.21, a current ratio of 1.65 and a quick ratio of 1.08.

Univar (NYSE:UNVR) last posted its quarterly earnings data on Wednesday, August 1st. The basic materials company reported $0.47 EPS for the quarter, missing analysts’ consensus estimates of $0.48 by ($0.01). The company had revenue of $2.37 billion for the quarter, compared to analysts’ expectations of $2.37 billion. Univar had a return on equity of 19.85% and a net margin of 2.19%. The company’s revenue for the quarter was up 5.6% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.22 EPS. sell-side analysts forecast that Univar Inc will post 1.71 earnings per share for the current year.

About Univar

Univar Inc distributes commodity and specialty chemical products, and related services worldwide. It offers herbicides, fungicides, insecticides, seeds, micro and macro nutrients, horticultural products, fertilizers, and feeds; storage, packaging, and logistics services for crop protection companies, storing chemicals, feed-grade materials, and seed and equipment parties; and pest control products and equipment.

See Also: What kind of dividend yield to CEF’s pay?

Institutional Ownership by Quarter for Univar (NYSE:UNVR)

Receive News & Ratings for Univar Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Univar and related companies with MarketBeat.com's FREE daily email newsletter.